How is entrepreneurship related to overall development of a nation?
GeneralClass 11CBSEAnswered 23 Jun 2026
Answer
13.Entrepreneurship contributes to various factors for development of a nation. It encourages people to think out of the box, provides goods and services at competitive prices, ensures optimum utilisation of scarce resources, taps in most productive human resource by creating employment opportunities. It also solves the problem of foreign exchange by targeting on production for exports.
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